The federal government has unveiled its strategy to reduce inflation from the current 34 percent in 2024 to a targeted […]
Continue readingCategory Archives: ECONOMY
Landing Cost Of Petrol Drops To N970 Per Litre – Marketers
In a sign of stability in the downstream sector, the Major Energy Marketers Association of Nigeria, MEMAN, has said that […]
Continue reading
FLASH: Customs Announces VAT Removal From Cooking Gas, CNG
The Nigeria Customs Service (NCS) has announced the removal of Value Added Tax (VAT) on Liquefied Petroleum Gas (LPG) also […]
Continue reading
2025 Budget Will Reduce Inflation To 15%, Bring Down Dollar To N1,500 – Tinubu
President Bola Tinubu says the 2025 budget forecasts that inflation will decline from current 34.6% to 15% next year. He […]
Continue reading
BREAKING: CBN Sets Daily Withdrawal Limit On POS To N100k Per Customer
The Central Bank of Nigeria (CBN) has set a daily withdrawal limit on point-of-sale (PoS) terminals to N100,000 per customer. […]
Continue reading
BREAKING: Nigeria Inflation Rate Rises Again
Nigeria’s annual inflation rate rose to 34.60 per cent in November from 33.88 per cent in October, the National […]
Continue reading
FLASH: NNPC Reduces Petrol Pump Price
The Nigerian National Petroleum Company Limited (NNPCL), has reduced the pump price of Premium Motor Spirit (PMS), also known as […]
Continue reading
CBN Says 94% Of Cash In Circulation Outside Banks And Presently N4.3 Trillion
The Central Bank of Nigeria has revealed that more than 94 per cent of the cash in circulation in the […]
Continue reading
CBN Imposes N150m Fine On Banks Releasing New Notes To POS Operators, Others
The Central Bank of Nigeria (CBN) has announced a fine of ₦150 million on Deposit Money Banks found guilty of […]
Continue reading
JUST-IN: CBN Clarifies Nigerians Over Old Naira Notes Expiring Date
The Central Bank of Nigeria (CBN) has reaffirmed that all versions of the naira, including the old and new designs […]
Continue reading